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Incorrect. Customers are used to evaluate preliminary product designs. In the past, 93% of highly successful products re
Posted: Sun Sep 05, 2021 5:10 pm
by answerhappygod
- Incorrect Customers Are Used To Evaluate Preliminary Product Designs In The Past 93 Of Highly Successful Products Re 1 (28.94 KiB) Viewed 480 times
Incorrect. Customers are used to evaluate preliminary product designs. In the past, 93% of highly successful products received good reviews, 50% of moderately successful products received good reviews, and 13% of poor products received good reviews. In addition, 40% of products have been highly successful, 35% have been moderately successful and 25% have been poor products. Round your answers to four decimal places (e.g. 98.7654). (a) What is the probability that a product attains a good review? (b) If a new design attains a good review, what is the probability that it will be a highly successful product? (c) If a product does not attain a good review, what is the probability that it will be a highly successful product? (a) i (b) i (c) i